Hennessy Advisors Inc

HNNAFinancial·Asset Management·USA·Micro·NASD·Nov 11 • 3:59 PM ET

10.15-0.05 (-0.49%)

2026-11-12 05:57 CET

Market cap

80.23 USD m

Revenue, TTM

33.34 USD m

Net income, TTM

8.26 USD m

Free cash flow, TTM

10.18 USD m

EPS diluted, TTM

1.04

P/E

9.79

Compare

Price

HNNA against its 20, 50 and 200-day averages

2050200

6.8% under the 52-week high of 10.89 on 3 Nov 2026. 52-week low 9.20 on 19 Dec 2025. Last 15 sessions, 8.3% high to low

Volume 0.88× normal · the line is the 50-bar volume average

Profile

HNNA

52-week range, 56% of the way up

9.2010.89

Hennessy Advisors, Inc. engages in the provision of investment advisory services to a family of open-ended mutual funds and an exchange-traded fund. It offers exchange-traded funds, traditional equity, specialty category, and sector funds, as well as more conservative multi-asset products. The company was founded by Neil Joseph Hennessy on February 1, 1989 and is headquartered in Novato, CA.

Employees	18
IPO	Oct 15, 2002
Beta	0.44
ATR, 14d	0.30
Rel volume	0.88
Short float	0.06%
Insider own	41.91%
Inst own	19.24%

Snapshot

6 groups

Valuation

Index	-
Market Cap	80.22M
Enterprise Value	45.28M
Income	8.26M
Sales	33.34M
Book/sh	12.80
Cash/sh	4.47
Dividend Est.	-
Dividend TTM	0.60 (5.91%)
Dividend Ex-Date	Nov 10, 2026
Dividend Gr. 3/5Y	0.00% 0.00%
Payout	43.23%
Employees	18
IPO	Oct 15, 2002

Ratios

P/E	9.79
Forward P/E	-
PEG	-
P/S	2.41
P/B	0.79
P/C	2.27
P/FCF	7.88
EV/EBITDA	3.95
EV/Sales	1.36
Quick Ratio	9.39
Current Ratio	9.39
Debt/Eq	0.00
LT Debt/Eq	0.00
Option/Short	No / Yes

Earnings

EPS (ttm)	1.04
EPS next Y	-
EPS next Q	-
EPS this Y	-
EPS next Y	-
EPS next 5Y	-
EPS past 3/5Y	15.81% 3.66%
Sales past 3/5Y	6.20% 1.26%
EPS Y/Y TTM	-17.68%
Sales Y/Y TTM	-6.90%
EPS Q/Q	-6.64%
Sales Q/Q	4.17%
Earnings	May 06 AMC
EPS/Sales Surpr.	-10.26% -4.35%

Ownership

Insider Own	41.91%
Insider Trans	-0.55%
Inst Own	19.24%
Inst Trans	0.38%
ROA	5.88%
ROE	8.36%
ROIC	8.16%
Gross Margin	83.86%
Oper. Margin	33.42%
Profit Margin	24.78%
SMA20	-1.25%
SMA50	-1.18%
SMA200	1.13%
Trades	-

Technical

Shs Outstand	7.90M
Shs Float	4.59M
Short Float	0.06%
Short Ratio	0.41
Short Interest	0.00M
52W High	10.89 -6.78%
52W Low	9.20 10.33%
Volatility	2.98% 2.61%
ATR (14)	0.30
RSI (14)	45.53
Beta	0.44
Rel Volume	0.88
Avg Volume	7.08K
Volume	6,226

Performance

Perf Week	-3.61%
Perf Month	-1.55%
Perf Quarter	1.60%
Perf Half Y	2.94%
Perf YTD	5.73%
Perf Year	0.64%
Perf 3Y	57.12%
Perf 5Y	-6.37%
Perf 10Y	-53.07%
Recom	1.00
Target Price	13.25
Prev Close	10.20
Price	10.15
Change %	-0.49%

Peers

Mkt cap

Ticker	Company	Mkt cap
GROW	U.S. Global Investors Inc	31.60M
WHG	Westwood Holdings Group Inc	177.31M
SAMG	Silvercrest Asset Management Group Inc	131.59M
VCTR	Victory Capital Holdings Inc	7.77B
WT	WisdomTree Inc	3.23B
AB	AllianceBernstein Holding Lp	3.12B
GEG	Great Elm Group Inc	66.32M
MLCI	Mount Logan Capital Inc	39.72M
TGE	Generation Essentials Group	13.35M
RMCO	Royalty Management Holding Corp	33.23M

Ticker

Company

Mkt cap

GROW

U.S. Global Investors Inc

31.60M

WHG

Westwood Holdings Group Inc

177.31M

SAMG

Silvercrest Asset Management Group Inc

131.59M

VCTR

Victory Capital Holdings Inc

7.77B

WisdomTree Inc

3.23B

AllianceBernstein Holding Lp

3.12B

GEG

Great Elm Group Inc

66.32M

MLCI

Mount Logan Capital Inc

39.72M

TGE

Generation Essentials Group

13.35M

RMCO

Royalty Management Holding Corp

33.23M

Insider trading

9 filings

Insider	Relationship	Date	Transaction	Cost	Shares	Value	Total held	Form
Newton Kiera	Director	Sep 29 '26	Sale	10.02	504	5,050	20,598	Sep 30 04:03 PM
SEAVEY THOMAS L	Director	Sep 24 '26	Sale	10.15	1,875	19,031	59,754	Sep 28 05:31 PM
STEADMAN DANIEL B	Executive VP	Sep 24 '26	Sale	10.26	5,000	51,313	37,768	Sep 25 04:01 PM
STEADMAN DANIEL B	Officer	Sep 24 '26	Proposed Sale	10.16	5,000	50,800		Sep 24 01:56 PM
Newton Kiera	Director	Sep 14 '26	Sale	10.34	593	6,129	15,701	Sep 16 07:07 PM
Newton Kiera	Director	Sep 16 '26	Sale	10.35	199	2,060	15,502	Sep 16 07:07 PM
Fahy Kathryn	SVP and CFO	May 11 '26	Sale	10.00	10,000	100,000	60,689	May 12 04:50 PM
Fahy Kathryn	Officer	May 11 '26	Proposed Sale	10.16	10,000	101,600		May 11 03:56 PM
Newton Kiera	Director	Dec 30 '25	Sale	9.35	571	5,339	16,294	Dec 31 04:15 PM

Held by

AUM

Ticker	Company	AUM
VTI	Vanguard Morningstar Total Stock Market ETF	AUM: 687.42B
VXF	Vanguard Extended Market Index ETF	AUM: 30.47B
BSVO	EA Bridgeway Omni Small-Cap Value ETF	AUM: 2.44B
IWC	iShares Micro-Cap ETF	AUM: 1.22B
DFAC	U.S. Core Equity 2 Portfolio-ETF Class Shares	AUM: 49.14B
DFAT	U.S. Targeted Value Portfolio-ETF Class Shares	AUM: 14.47B
DXUV	US Vector Equity Portfolio ETF Class Shares	AUM: 665.71M
DCOR	US Core Equity 1 Portfolio ETF Class Shares	AUM: 3.65B
DFSU	Dimensional US Sustainability Core 1 ETF	AUM: 2.38B
DFSV	US Small Cap Value Portfolio ETF Class Shares	AUM: 8.52B

Ticker

Company

AUM

VTI

Vanguard Morningstar Total Stock Market ETF

AUM: 687.42B

VXF

Vanguard Extended Market Index ETF

AUM: 30.47B

BSVO

EA Bridgeway Omni Small-Cap Value ETF

AUM: 2.44B

IWC

iShares Micro-Cap ETF

AUM: 1.22B

DFAC

U.S. Core Equity 2 Portfolio-ETF Class Shares

AUM: 49.14B

DFAT

U.S. Targeted Value Portfolio-ETF Class Shares

AUM: 14.47B

DXUV

US Vector Equity Portfolio ETF Class Shares

AUM: 665.71M

DCOR

US Core Equity 1 Portfolio ETF Class Shares

AUM: 3.65B

DFSU

Dimensional US Sustainability Core 1 ETF

AUM: 2.38B

DFSV

US Small Cap Value Portfolio ETF Class Shares

AUM: 8.52B

News

latest 14 of 200

Oct-28-26 04:15PMHennessy Advisors, Inc. Announces Dividend (PR Newswire)
Aug-05-26 04:28PMHennessy Advisors: Fiscal Q3 Earnings Snapshot (Associated Press)
04:15PMHennessy Advisors, Inc. Reports Quarterly Earnings and Announces Quarterly Dividend (PR Newswire)
May-06-26 04:48PMHennessy Advisors: Fiscal Q2 Earnings Snapshot (Associated Press)
04:15PMHennessy Advisors, Inc. Reports Quarterly Earnings and Announces Quarterly Dividend (PR Newswire)
Feb-05-26 04:35PMHennessy Advisors: Fiscal Q1 Earnings Snapshot (Associated Press Finance)
04:15PMHennessy Advisors, Inc. Reports Quarterly Earnings (PR Newswire)
Dec-03-25 04:15PMHennessy Advisors, Inc. Reports Strong Fiscal 2025 Results with 38% Increase in Annual Earnings Per Share (PR Newswire)
Oct-29-25 04:15PMHennessy Advisors, Inc. Announces Dividend (PR Newswire)
Aug-06-25 05:14PMHennessy Advisors: Fiscal Q3 Earnings Snapshot (Associated Press Finance)
04:15PMHennessy Advisors, Inc. Reports Quarterly Earnings and Announces Quarterly Dividend (PR Newswire)
May-12-25 03:56PMHennessy Announces Transition to Fully Transparent ETF Structure and Name Change (PR Newswire)
May-07-25 05:00PMHennessy Advisors: Fiscal Q2 Earnings Snapshot (Associated Press Finance) +5.83%
04:56PMHennessy Advisors declares $0.1375 dividend (Seeking Alpha)

Key figures

Revenue, TTM	33.34
Net income, TTM	8.26
EPS diluted, TTM	1.04
EBIT, TTM	11.14
Free cash flow, TTM	10.18
Gross margin	83.86%
Operating margin	33.42%
Net margin	24.78%
Market cap	80.23
P/E	9.79
Sales Y/Y, TTM	-6.90%

USD millions. TTM from the statement feed.

Quarterly earnings

actual against estimate

Period	Reported	EPS act	EPS est	EPS rep	Sales act	Sales est	Analysts
2026Q2	2026-05-06	-	-	0.240	8.13	-	-
2026Q1	2026-02-05	-	-	0.240	8.32	-	-
2025Q3	2025-08-06	-	-	0.260	8.05	-	-
2025Q2	2025-05-07	-	-	0.330	9.28	-	-
2025Q1	2025-02-13	-	-	0.360	9.71	-	-
2024Q3	2024-08-08	-	-	0.260	7.78	-	-
2024Q2	2024-05-08	-	-	0.200	6.94	-	-
2024Q1	2024-02-08	-	-	0.160	6.14	-	-
2023Q3	2023-08-02	-	-	0.150	5.70	-	-
2023Q2	2023-05-10	-	-	0.150	5.92	-	-
2023Q1	2023-02-09	-	-	0.150	6.14	-	-
2022Q3	2022-08-03	-	-	0.170	6.91	-	-
2022Q2	2022-05-11	-	-	0.210	7.74	-	-
2022Q1	2022-02-10	-	-	0.250	8.53	-	-
2021Q3	2021-08-04	-	-	0.300	8.53	-	-
2021Q2	2021-05-12	0.260	-	0.256	7.93	-	-

Annual earnings

Period	EPS act	EPS est	EPS rep	Sales act	Sales est
2017FY	1.920	2.040	1.918	52.96	53.91
2019FY	1.420	1.510	1.419	42.72	43.37
2020FY	1.060	-	1.063	33.39	-

Estimate revisions

last 14 periods

Period	Type	Date	Estimates	Up	Down	Mean	Low	High
No estimate revisions.

Period

Type

Date

Estimates

Down

Mean

Low

High

No estimate revisions.

Estimate history

Period	2017	2018	2019	2020	2021	2022	2023	2024	2025	TTM
EPS, annual	1.918	2.613	1.419	1.063	1.067	0.819	0.628	0.919	1.272	1.0366
EPS, quarterly	0.262	0.3	0.36	0.327	0.266	0.307	0.242	0.239	0.249
Period	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26
Sales, annual	52.955	54.59	42.715	33.389	32.76	29.667	24.02	29.646	35.538	33.34
Period	2017	2018	2019	2020	2021	2022	2023	2024	2025	TTM
Sales, quarterly	7.784	8.778	9.708	9.276	8.054	8.5	8.32	8.133	8.39
Period	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26
Shares, annual	7.777	7.897	7.527	7.357	7.47	7.572	7.671	7.778	7.89	7.904
Period	2017	2018	2019	2020	2021	2022	2023	2024	2025	MRQ
Shares, quarterly	7.681	7.778	7.784	7.786	7.787	7.89	7.892	7.902	7.904
Period	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26

Income statement, annual

Currency USD, millions
Metric	TTM	2025FY	2024FY	2023FY	2022FY	2021FY	2020FY	2019FY	2018FY
Total Revenue	33.34	35.54	29.65	24.02	29.67	32.76	33.39	42.72	54.59
Total Expenses	22.20	22.39	20.78	17.69	19.83	21.88	22.07	27.78	30.11
Operating Income	11.14	13.14	8.87	6.33	9.84	10.88	11.32	14.94	24.48
Unusual Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-
Net Income Before Taxes	11.24	13.62	9.70	6.60	7.95	10.88	10.96	15.28	23.39
Income Taxes	2.98	3.66	2.61	1.83	1.76	2.98	3.12	4.24	2.78
Consolidated Net Income	8.26	9.96	7.10	4.77	6.19	7.90	7.84	11.03	20.61
Net Income From Continuing Operations	8.26	9.96	7.10	4.77	6.19	7.90	7.84	11.03	20.61
Net Income	8.26	9.96	7.10	4.77	6.19	7.90	7.84	11.03	20.61
EPS (Recurring)	1.03	1.27	0.92	0.63	0.82	1.07	1.06	1.42	2.61
EPS (Basic, Before Extraordinaries)	1.05	1.28	0.92	0.63	0.83	1.07	1.07	1.42	2.64
EPS (Diluted)	1.04	1.27	0.92	0.63	0.82	1.07	1.06	1.42	2.61
Non-Operating Income (Expense)	2.58	2.77	3.11	2.52	0.23	0.00	0.09	0.34	0.14
Other After Tax Adjustments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Stock Option Compensation Expense	1.02	0.89	0.78	0.81	0.99	1.05	1.30	1.61	1.91
Price To Earnings Ratio	9.79	9.79	12.52	10.53	10.58	9.03	7.83	7.63	5.39
Price To Sales Ratio	2.45	2.30	2.59	2.14	2.21	2.18	1.83	1.97	2.00
Gross Margin	83.86	84.62	82.36	81.37	78.19	75.43	75.17	76.67	79.45
Operating Margin	33.42	36.99	29.91	26.37	33.16	33.21	33.90	34.97	44.83
Net Margin	24.78	28.03	23.94	19.86	20.86	24.12	23.48	25.82	37.76
Shares Outstanding	7.90	7.89	7.78	7.67	7.57	7.47	7.36	7.53	7.90
Market Capitalization	80.23	80.23	76.43	50.47	64.87	71.11	60.22	81.06	108.15

Income statement, quarterly

Currency USD, millions
Metric	2026Q3	2026Q2	2026Q1	2025Q4	2025Q3	2025Q2	2025Q1	2024Q4
Total Revenue	8.39	8.13	8.32	8.50	8.05	9.28	9.71	8.78
Total Expenses	5.48	5.52	5.72	5.49	5.21	5.83	5.88	5.84
Operating Income	2.91	2.61	2.60	3.02	2.85	3.45	3.83	2.94
Unusual Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Income Before Taxes	2.77	2.65	2.68	3.14	2.96	3.56	3.97	3.15
Income Taxes	0.78	0.74	0.75	0.71	0.84	0.97	1.13	0.82
Consolidated Net Income	2.00	1.91	1.93	2.42	2.12	2.58	2.83	2.33
Net Income From Continuing Operations	2.00	1.91	1.93	2.42	2.12	2.58	2.83	2.33
Net Income	2.00	1.91	1.93	2.42	2.12	2.58	2.83	2.33
EPS (Recurring)	0.25	0.24	0.24	0.31	0.27	0.33	0.36	0.30
EPS (Basic, Before Extraordinaries)	0.25	0.24	0.24	0.31	0.27	0.33	0.36	0.30
EPS (Diluted)	0.25	0.24	0.24	0.31	0.27	0.33	0.36	0.30
Non-Operating Income (Expense)	0.62	0.61	0.65	0.70	0.69	0.68	0.71	0.78
Other After Tax Adjustments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Stock Option Compensation Expense	0.28	0.28	0.24	0.22	0.22	0.19	0.24	0.20
Price To Earnings Ratio	9.79	8.54	7.62	8.34	10.09	8.87	13.88	12.52
Price To Sales Ratio	2.45	2.36	2.24	2.32	2.80	2.22	3.02	2.61
Gross Margin	83.99	83.73	84.05	83.66	84.27	85.42	84.97	83.71
Operating Margin	34.72	32.09	31.30	35.47	35.37	37.20	39.45	33.47
Net Margin	23.83	23.48	23.20	28.49	26.33	27.85	29.19	26.52
Shares Outstanding	7.90	7.90	7.89	7.89	7.79	7.79	7.78	7.78
Market Capitalization	80.23	76.95	75.76	81.38	98.10	77.53	99.24	76.43

Balance sheet, annual

Currency USD, millions
Metric	2025FY	2024FY	2023FY	2022FY	2021FY	2020FY	2019FY	2018FY	2017FY
Cash & Short Term Investments	72.44	63.93	60.49	58.50	15.85	9.96	24.70	25.40	15.71
Short Term Receivables	3.27	3.53	2.55	2.31	3.07	2.78	3.68	4.67	4.91
Investment Securities	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Securities In Custody	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investment in Unconsolidated Affiliates	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Property, Plant & Equipment	1.20	1.39	0.60	0.97	1.32	0.57	0.36	0.38	0.25
Deferred Tax Assets	0.55	0.52	0.30	0.23	0.33	0.30	-	-	-
Other Intangible Assets	83.54	83.25	82.09	81.88	81.67	81.47	81.47	79.02	76.39
Total Assets	161.01	152.61	146.02	143.89	102.23	95.09	110.21	109.48	97.26
Total Debt	40.50	40.50	39.44	39.52	1.00	0.33	17.38	21.73	25.96
Long Term Debt	40.14	40.17	39.16	39.15	0.65	0.00	13.05	17.50	21.73
Provision for Risks Charges	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Liabilities	17.12	16.18	14.91	13.72	12.76	11.82	10.27	8.96	11.54
Other Liabilities	5.65	4.62	3.91	4.35	5.20	4.76	7.04	7.81	8.23
Total Liabilities	63.27	61.30	58.27	57.59	18.97	16.91	34.68	38.50	45.73
Preferred Stock - Carrying Value	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Common Equity	97.74	91.31	87.75	86.30	83.26	78.18	75.53	70.98	51.53
Total Shareholders Equity	97.74	91.31	87.75	86.30	83.26	78.18	75.53	70.98	51.53
Accumulated Minority Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity	97.74	91.31	87.75	86.30	83.26	78.18	75.53	70.98	51.53
Total Liabilities & Stockholders Equity	161.01	152.61	146.02	143.89	102.23	95.09	110.21	109.48	97.26
Book Value Per Share	12.39	11.74	11.44	11.40	11.15	10.63	10.03	8.99	6.63
Tangible Book Value Per Share	1.92	1.16	0.85	0.72	0.35	-0.34	-0.68	-0.91	-2.97
Full-Time Employees	18	18	17	19	20	21	21	23	23
Price to Book Ratio	0.79	0.85	0.58	0.76	0.86	0.78	1.08	1.59	2.44
Return on Assets	6.35	4.75	3.29	5.03	8.01	7.64	10.04	19.88	16.40
Return on Equity	10.54	7.93	5.48	7.30	9.79	10.20	15.06	33.65	33.63
Return on Invested Capital	7.22	5.40	3.76	4.93	9.42	10.03	12.45	23.30	20.40
Quick Ratio	12.72	13.78	15.20	13.07	3.54	2.63	2.55	2.55	1.78
Current Ratio	12.72	13.78	15.20	13.07	3.54	2.63	2.55	2.55	1.78

Cash flow, annual

Currency USD, millions
Metric	TTM	2025FY	2024FY	2023FY	2022FY	2021FY	2020FY	2019FY	2018FY
Funds from Operations	11.47	12.62	9.72	7.42	8.95	10.42	11.17	14.77	20.78
Extraordinary Item	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Changes in Working Capital	-0.96	1.18	-0.45	-0.28	-0.28	-0.04	-0.55	-0.46	0.75
Income Taxes Payable	-0.25	0.48	-0.57	-0.07	-0.23	0.10	0.28	0.11	-0.12
Cash from Operating Activities	10.51	13.79	9.28	7.13	8.66	10.39	10.62	14.31	21.53
Capital Expenditures	-0.33	-0.63	-1.30	-0.82	-0.23	-0.25	-0.88	-1.97	-3.90
Net Assets From Acquisitions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-
Sale of Fixed Assets and Businesses	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-
Purchase or Sale of Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Purchase of Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Sale Or Maturity of Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Uses	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Sources	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-
Cash from Investing Activities	-0.33	-0.63	-1.30	-0.82	-0.23	-0.25	-0.88	-1.97	-3.90
Cash Dividends Paid	-4.45	-4.20	-4.15	-4.10	-4.04	-3.97	-3.97	-3.54	-2.88
Change in Capital Stock	-0.45	-0.45	-0.40	-0.22	-0.35	-0.28	-3.01	-5.13	-0.68
Repurchase of Common Pref Stock	-0.46	-0.46	-0.40	-0.23	-0.36	-0.32	-3.03	-5.15	-0.66
Sale of Common Pref Stock	0.01	0.01	0.01	0.01	0.01	0.04	0.02	0.02	-0.02
Proceedsfrom Stock Options	0.01	0.01	0.01	0.01	0.01	0.04	0.02	0.02	0.02
Issuance or Reduction of Debt, Net	-40.25	0.00	0.00	0.00	38.61	0.00	-17.50	-4.38	-4.38
Change in Long Term Debt	-	-	-	0.00	38.61	0.00	-17.50	-4.38	-4.38
Issuance of Long Term Debt	-	-	-	-	38.61	-	-	-	-
Reduction of Long Term Debt	-	-	-	0.00	-	0.00	-17.50	-4.38	-4.38
Net Financing Active Other Cash Flow	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Financing Activities Uses	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash from Financing Activities	-45.15	-4.66	-4.53	-4.33	34.22	-4.26	-24.47	-13.04	-7.94
Net Change in Cash	-34.97	8.51	3.45	1.99	42.65	5.88	-14.73	-0.71	9.70
Free Cash Flow	10.18	13.35	8.96	6.92	8.45	10.14	10.45	14.10	21.17
Preferred Dividends (Cash Flow)	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Free Cash Flow	14.24	8.94	15.97	18.25	14.86	11.56	9.43	7.95	5.98

Balance sheet, quarterly

Currency USD, millions
Metric	2026Q3	2026Q2	2026Q1	2025Q4	2025Q3	2025Q2
Cash & Short Term Investments	35.36	73.07	71.98	72.44	70.33	67.57
Short Term Receivables	3.44	3.32	3.41	3.27	3.30	3.53
Investments	0.00	0.00	0.00	0.00	0.00	0.00
Investment in Unconsolidated Affiliates	0.00	0.00	0.00	0.00	0.00	0.00
Net Property, Plant & Equipment	0.86	1.00	1.11	1.20	1.20	1.29
Deferred Tax Assets	-	-	-	0.55	-	-
Other Intangible Assets	83.09	83.15	83.06	83.54	83.18	83.14
Total Assets	122.76	160.54	159.56	161.01	158.00	155.53
Total Debt	0.42	40.50	40.50	40.50	40.50	40.50
Long Term Debt	0.03	0.13	0.23	40.14	40.15	40.16
Provision for Risks Charges	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Liabilities	17.37	17.04	16.86	17.12	16.54	16.14
Other Liabilities	3.81	2.99	3.29	5.65	4.41	3.69
Total Liabilities	21.61	60.52	60.65	63.27	61.45	60.33
Preferred Stock - Carrying Value	0.00	0.00	0.00	0.00	0.00	0.00
Common Equity	101.15	100.02	98.91	97.74	96.55	95.20
Total Shareholders Equity	101.15	100.02	98.91	97.74	96.55	95.20
Accumulated Minority Interest	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity	101.15	100.02	98.91	97.74	96.55	95.20
Total Liabilities & Stockholders Equity	122.76	160.54	159.56	161.01	158.00	155.53
Book Value Per Share	12.80	12.66	12.53	12.39	12.40	12.23
Tangible Book Value Per Share	2.39	2.25	2.11	1.92	1.81	1.66
Full-Time Employees	-	-	-	18	-	-
Price to Book Ratio	0.79	0.78	0.78	0.84	1.03	0.83
Return on Assets	5.88	5.30	5.79	6.35	6.42	6.45
Return on Equity	8.36	8.59	9.42	10.54	10.57	10.62
Return on Invested Capital	1.98	1.91	1.95	1.76	1.55	1.91
Quick Ratio	9.39	1.78	1.75	12.72	15.58	17.79
Current Ratio	9.39	1.78	1.75	12.72	15.58	17.79

Cash flow, quarterly

Currency USD, millions
Metric	2026Q3	2026Q2	2026Q1	2025Q4	2025Q3	2025Q2
Funds from Operations	2.98	2.61	2.98	2.89	2.96	3.21
Extraordinary Item	0.00	0.00	0.00	0.00	0.00	0.00
Changes in Working Capital	0.77	-0.30	-2.32	0.90	1.06	0.54
Income Taxes Payable	-0.04	-1.09	0.47	0.41	0.04	-0.82
Cash from Operating Activities	3.74	2.31	0.66	3.80	4.02	3.75
Capital Expenditures	-0.03	-0.07	-0.06	-0.18	-0.21	-0.11
Net Assets From Acquisitions	0.00	0.00	0.00	0.00	0.00	0.00
Sale of Fixed Assets and Businesses	0.00	0.00	0.00	0.00	0.00	0.00
Purchase or Sale of Investments	0.00	0.00	0.00	0.00	0.00	0.00
Purchase of Investments	0.00	0.00	0.00	0.00	0.00	0.00
Sale Or Maturity of Investments	0.00	0.00	0.00	0.00	0.00	0.00
Other Uses	0.00	0.00	0.00	0.00	0.00	0.00
Other Sources	0.00	0.00	0.00	0.00	0.00	0.00
Cash from Investing Activities	-0.03	-0.07	-0.06	-0.18	-0.21	-0.11
Cash Dividends Paid	-1.17	-1.16	-1.07	-1.05	-1.05	-1.05
Preferred Dividends (Cash Flow)	0.00	0.00	0.00	0.00	0.00	0.00
Change in Capital Stock	0.00	0.01	0.00	-0.46	0.00	0.00
Repurchase of Common Pref Stock	0.00	0.00	0.00	-0.46	0.00	0.00
Sale of Common Pref Stock	0.00	0.01	0.00	0.00	0.00	0.00
Proceedsfrom Stock Options	0.00	0.01	0.00	0.00	0.00	0.00
Issuance or Reduction of Debt, Net	-40.25	0.00	0.00	0.00	0.00	0.00
Net Financing Active Other Cash Flow	0.00	0.00	0.00	0.00	0.00	0.00
Other Financing Activities Uses	0.00	0.00	0.00	0.00	0.00	0.00
Cash from Financing Activities	-41.42	-1.16	-1.06	-1.51	-1.05	-1.05
Net Change in Cash	-37.70	1.09	-0.46	2.11	2.76	2.58
Free Cash Flow	3.71	2.24	0.60	3.62	3.95	3.66
Price to Free Cash Flow	14.24	12.82	10.04	9.01	11.30	9.39

Revenue breakdown

Investment Advice	2024: 27.52M 2025: 33.17M
Shareholder Service	2024: 2.12M 2025: 2.36M
United States	2024: 29.65M 2025: 35.54M

Short interest

shares short against float, oldest to newest

Settlement	Of float	Shares short	Float	Avg volume
2026-10-30	0.06%	0.0M	4.6M	6.83K
2026-10-15	0.06%	0.0M	4.6M	7.07K
2026-09-30	0.06%	0.0M	4.6M	6.59K
2026-09-15	0.13%	0.0M	4.8M	5.85K
2026-08-31	0.09%	0.0M	4.8M	5.91K
2026-08-14	0.10%	0.0M	4.8M	6.51K
2026-07-31	0.10%	0.0M	4.8M	6.67K
2026-07-15	0.08%	0.0M	4.8M	6.42K
2026-06-30	0.09%	0.0M	4.8M	9.20K
2026-06-15	0.05%	0.0M	4.8M	9.44K
2026-05-29	0.15%	0.0M	4.8M	9.54K
2026-05-15	0.13%	0.0M	4.8M	8.75K
2026-04-30	0.18%	0.0M	4.8M	11.61K
2026-04-15	0.09%	0.0M	4.8M	13.39K
2026-03-31	0.09%	0.0M	4.8M	14.02K
2026-03-13	0.08%	0.0M	4.8M	18.12K
2026-02-27	0.10%	0.0M	4.8M	19.17K
2026-02-13	0.07%	0.0M	4.8M	19.36K
2026-01-30	0.10%	0.0M	4.8M	16.81K
2026-01-15	0.12%	0.0M	4.8M	17.05K

Option chain

expiry 2026-11-11

Type	Strike	Bid	Ask	Last	IV	Open int	Volume	Delta	Theta	Vega
No option chain for this symbol.

Type

Strike

Bid

Ask

Last

Open int

Volume

Delta

Theta

Vega

No option chain for this symbol.

Latest SEC filings

Filed	Form	Description	Period	Link
2026-10-28	8-K	Current report	2026-10-28	SEC
2026-10-28	13F-HR	Further understand that each of 13F-HR, 13F-NT, and amendments thereto are mandatory electronic filings (hardship exemption exists to submit in paper; never used to the knowledge of IM staff);	2026-09-30	SEC
2026-10-01	4	Statement of changes in beneficial ownership of securities	2026-09-30	SEC
2026-09-30	4	Statement of changes in beneficial ownership of securities	2026-09-29	SEC
2026-09-28	4	Statement of changes in beneficial ownership of securities	2026-09-24	SEC
2026-09-25	4	Statement of changes in beneficial ownership of securities	2026-09-24	SEC
2026-09-24	144	Filing for proposed sale of securities under Rule 144.		SEC
2026-09-22	4	Statement of changes in beneficial ownership of securities	2026-09-18	SEC
2026-09-22	4	Statement of changes in beneficial ownership of securities	2026-09-18	SEC
2026-09-22	4	Statement of changes in beneficial ownership of securities	2026-09-18	SEC
2026-09-22	4	Statement of changes in beneficial ownership of securities	2026-09-18	SEC
2026-09-22	4	Statement of changes in beneficial ownership of securities	2026-09-18	SEC
2026-09-22	4	Statement of changes in beneficial ownership of securities	2026-09-18	SEC
2026-09-22	4	Statement of changes in beneficial ownership of securities	2026-09-18	SEC
2026-09-22	4	Statement of changes in beneficial ownership of securities	2026-09-18	SEC
2026-09-22	4	Statement of changes in beneficial ownership of securities	2026-09-18	SEC
2026-09-22	4	Statement of changes in beneficial ownership of securities	2026-09-18	SEC
2026-09-22	4	Statement of changes in beneficial ownership of securities	2026-09-18	SEC
2026-09-16	4	Statement of changes in beneficial ownership of securities	2026-09-14	SEC
2026-08-13	N-PX	Annual Report of Proxy Voting Record of Registered Management Investment Companies filed on Form N-PX	2026-06-30	SEC
2026-08-05	8-K	Current report	2026-08-05	SEC
2026-08-05	10-Q	Quarterly report pursuant to Section 13 or 15(d)	2026-06-30	SEC
2026-07-16	13F-HR	Further understand that each of 13F-HR, 13F-NT, and amendments thereto are mandatory electronic filings (hardship exemption exists to submit in paper; never used to the knowledge of IM staff);	2026-06-30	SEC
2026-06-29	25-NSE			SEC
2026-05-28	8-K	Current report	2026-05-28	SEC
2026-05-12	4	Statement of changes in beneficial ownership of securities	2026-05-11	SEC
2026-05-11	144	Filing for proposed sale of securities under Rule 144.		SEC
2026-05-06	8-K	Current report	2026-05-06	SEC
2026-05-06	10-Q	Quarterly report pursuant to Section 13 or 15(d)	2026-03-31	SEC
2026-04-21	13F-HR	Further understand that each of 13F-HR, 13F-NT, and amendments thereto are mandatory electronic filings (hardship exemption exists to submit in paper; never used to the knowledge of IM staff);	2026-03-31	SEC

Insider activity by month

Month	Sold	Sells
2026-11	0	0
2026-10	0	0
2026-09	83.58K	5
2026-08	0	0
2026-07	0	0
2026-06	0	0
2026-05	100.00K	1
2026-04	0	0
2026-03	0	0
2026-02	0	0
2026-01	0	0
2025-12	5.34K	1
2025-11	0	0

Institutional holders

Manager	% owned
VANGUARD CAPITAL MANAGEMENT LLC	3.02%
Truffle Hound Capital, LLC	2.53%
AEGIS FINANCIAL CORP	2.16%
RENAISSANCE TECHNOLOGIES LLC	1.24%
Allworth Financial LP	1.03%
Perigon Wealth Management, LLC	0.81%
GEODE CAPITAL MANAGEMENT, LLC	0.74%
DIMENSIONAL FUND ADVISORS LP	0.68%
VANGUARD FIDUCIARY TRUST CO	0.35%
BRIDGEWAY CAPITAL MANAGEMENT, LLC	0.30%

Funds

Fund	% owned
VANGUARD TOTAL STOCK MARKET INDEX FUND	2.30%
Aegis Value Fund	2.15%
VANGUARD EXTENDED MARKET INDEX FUND	0.65%
Fidelity Extended Market Index Fund	0.32%
iShares Micro-Cap ETF	0.23%
EA Bridgeway Omni Small-Cap Value ETF	0.21%
Dimensional U.S. Core Equity 2 ETF	0.19%
Fidelity Total Market Index Fund	0.11%
Fidelity Series Total Market Index Fund	0.09%
Omni Small-Cap Value Fund	0.09%

Dividends

per share

Ex date	Ordinary	Special
2026-11-11	0.1500	0.0000
2026-08-20	0.1500	0.0000
2026-05-21	0.1500	0.0000
2026-02-18	0.1500	0.0000
2025-11-12	0.1380	0.0000
2025-08-20	0.1380	0.0000
2025-05-20	0.1380	0.0000
2025-02-24	0.1380	0.0000
2024-11-14	0.1380	0.0000
2024-08-22	0.1380	0.0000
2024-05-21	0.1380	0.0000
2024-02-16	0.1380	0.0000
2023-11-10	0.1380	0.0000
2023-08-22	0.1380	0.0000
2023-05-22	0.1380	0.0000
2023-02-17	0.1380	0.0000
2022-11-14	0.1380	0.0000
2022-08-15	0.1380	0.0000
2022-05-20	0.1380	0.0000
2022-02-18	0.1380	0.0000
2021-11-09	0.1380	0.0000
2021-08-16	0.1380	0.0000
2021-05-24	0.1380	0.0000
2021-02-23	0.1380	0.0000
2020-11-10	0.1380	0.0000
2020-08-18	0.1380	0.0000
2020-05-22	0.1380	0.0000
2020-02-21	0.1380	0.0000
2019-11-08	0.1380	0.0000
2019-08-19	0.1380	0.0000
2019-05-17	0.1100	0.0000
2019-02-15	0.1100	0.0000
2018-11-09	0.1100	0.0000
2018-08-15	0.1000	0.0000
2018-05-16	0.1000	0.0000
2018-02-08	0.1000	0.0000
2017-11-14	0.0750	0.0000
2017-08-15	0.0750	0.0000
2017-05-12	0.0750	0.0000
2017-02-08	0.0750	0.0000
2016-11-10	0.0670	0.0000

Period	Amount	Yield	Payout	Kind
2015FY	0.1500	0.97%	12.04%	paid
2016FY	0.2000	0.85%	16.13%	paid
2017FY	0.2900	1.89%	15.21%	paid
2018FY	0.3800	2.71%	14.35%	paid
2019FY	0.4700	4.32%	32.94%	paid
2020FY	0.5500	6.63%	51.75%	paid
2021FY	0.5500	5.72%	51.57%	paid
2022FY	0.5500	6.34%	67.16%	paid
2023FY	0.5500	8.14%	87.65%	paid
2024FY	0.5500	5.53%	59.84%	paid
2025FY	0.5500	5.26%	43.23%	paid

OakChart. HNNA. Cached 15 minutes.

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